S&W Tax Preparers

06/26/2019

Last minute 2019 goals:

*Contribute to an IRA.
*Pay property taxes.
*Get mortgage payment in.
*Donate clothing/household items to your favorite charity (Goodwill, Salvation Army, Purple Heart).
*Begin (set-up) file for your tax documents.
*Make sure employer (current and previous) have your correct address.

With the new tax laws some taxpayers will no longer itemize this year. However, we still need to “crunch the numbers” to be sure your getting the maximum deduction on your return!

06/26/2019

We’re available “year round” for your tax needs!

06/25/2019

TAX FACT: Adjusting your W4 & reporting business expenses from a home-based-business can raise your tax refund if you have an LLC.

06/24/2019

TAX FACT: If a friend or significant other lived w/you for a yr & didn't earn more than $4,150, you can claim them as a dependent😱

06/07/2019

BUSINESS TIP: Business owners, you can write off a portion of your internet, phone, & cable bill and your rent or mortgage

06/04/2019

Witholding Allowances. You’ve probably noticed that when you get your paycheck you don’t actually get all the money you earned. Your employer subtracts, or withholds, taxes from your paycheck and pays the IRS the taxes you owe on your income.You can control how much or how little your employer withholds from your paycheck using a Form W-4.

06/03/2019